When Apple overtook Exxon Mobil to become the world’s largest company by market cap, most assumed it would not last. Exxon Mobil has real things, like oil. Besides, as you may have noticed, oil is pretty expensive these days.

In the months that followed, oil continued to go up in price, and yet.

And yet Apple’s shares continued to rise. Steve Jobs was no doubt celebrating in heaven, as the company he co-founded just got bigger and bigger, leaving that giant oil company in its shadow.

When Apple overtook Exxon Mobil to become the world’s largest company by market cap, most assumed it would not last. Exxon Mobil has real things, like oil. Besides, as you may have noticed, oil is pretty expensive these days.

In the months that followed, oil continued to go up in price, and...Read More

Towards the end of last year, ‘Economist Life’ surveyed economists around the world, and asked them which of the world’s great cities was the closest to being the capital city of them all. You know, the one that aliens would come to visit first. The city that came up top...Read More

Towards the end of last year, ‘Economist Life’ surveyed economists around the world, and asked them which of the world’s great cities was the closest to being the capital city of them all. You know, the one that aliens would come to visit first. The city that came up top...Read More